PREVIEW — Elizabeth Peek — The Two-Track American Economy: Retail Gains vs. Job Anxiety. Peak characterizes the American economy as a bifurcated system with starkly divergent outcomes. Upper-income earners express confidence regarding net worth and stock

PREVIEW — Elizabeth Peek — The Two-Track American Economy: Retail Gains vs. Job Anxiety. Peakcharacterizes the American economy as a bifurcated system with starkly divergent outcomes. Upper-income earners express confidence regarding net worth and stock market performance. Conversely, substantial cohorts remain anxious about labor market conditions, evidenced by negative ADP private sector employment gains and college graduates facing difficulty securing positions. Positive retail indicators, notably Kohl's raising earnings guidance, provide counterbalancing economic optimism.
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